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Stock Market & Financial Investment News

News Breaks
March 18, 2014
07:31 EDTIRMIron Mountain appoints Rod Day EVP, CFO
The Board of Iron Mountain Incorporated has appointed Rod Day as the company's executive vice president and CFO. Day has served as Iron Mountainís acting CFO since November 1, 2013, and had previous roles both as senior vice president and CFO International from November 2009, and CFO Europe in 2008 when he joined the company. Day will have overall responsibility for accounting, external reporting, financial planning and analysis, internal audit, investor relations, tax and treasury functions.
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July 18, 2014
10:03 EDTIRMOn The Fly: Analyst Downgrade Summary
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08:42 EDTIRMIron Mountain downgraded at RW Baird
As previously reported, Baird downgraded Iron Mountain to Neutral from Outperform. The firm expects the REIT conversion will require significant capital commitments due to the high dividend, which will leave little capital for larger growth investments. Additionally, the analyst believe equity dilution risk is not fully appreciated. Price target lowered to $39 from $40.
06:11 EDTIRMIron Mountain downgraded to Neutral from Outperform at RW Baird
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